About Legitquest
Legitquest is a company based in Delhi (India) founded in 2017 by Karan Kalia and Himanshu Puri.. Legitquest has raised $2.65 million across 6 funding rounds from investors including Info Edge Ventures, WaterBridge Ventures and Rohit Shukla. Legitquest operates in a competitive market with competitors including vlex, Jus Mundi, JusBrasil, LEI.INFO and Manupatra, among others.
- Headquarter Delhi, India
- Founders Karan Kalia, Himanshu Puri
- Stage Minicorn
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Sectors
Professional & Legal Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Lq Global Services Private Limited
- Date of Incorporation 18 Jan, 2017
- Jurisdiction Delhi, Delhi, India
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Annual Revenue
$273.18 K (USD)-9.08as on Mar 31, 2023
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Net Profit
$-289.29 K (USD)-7.51as on Mar 31, 2023
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EBITDA
$-277.74 K (USD)-8.6as on Mar 31, 2023
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Total Equity Funding
$2.65 M (USD)
in 6 rounds
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Latest Funding Round
$660 K (USD), Seed
Dec 11, 2024
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Investors
Info Edge Ventures
& 7 more
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Employee Count
Employee Count
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Funding Insights of Legitquest
Legitquest has successfully raised a total of $2.65M across 6 strategic funding rounds. The most recent funding activity was a Seed round of $660 thousand completed in December 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Seed — $660,000
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First Round
First Round
(26 Apr 2017)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2024 | Amount | Seed - Legitquest | Valuation |
investors |
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| Aug, 2022 | Amount | Seed - Legitquest | Valuation |
investors |
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| Mar, 2021 | Amount | Seed - Legitquest | Valuation | WaterBridge , Info Edge Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Legitquest
Legitquest has secured backing from 8 investors, including venture fund and angel investors. Prominent investors backing the company include Info Edge Ventures, WaterBridge Ventures and Rohit Shukla. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm backed by Info Edge and Temasek
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Founded Year | Domain | Location | |
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Early-stage tech investments are focused on by WaterBridge in India.
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Founded Year | Domain | Location | |
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RS
Rohit Shukla |
Founder of Locus.sh, logistics tech innovator, active angel investor
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Legitquest
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Legitquest
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Legitquest Comparisons
Competitors of Legitquest
Legitquest operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as vlex, Jus Mundi, JusBrasil, LEI.INFO and Manupatra, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Legal research and knowledge management software is offered by vLex.
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| domain | founded_year | HQ Location |
Smart search for International law and arbitration research
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| domain | founded_year | HQ Location |
Legal information is collected, organized, and accessed in real time.
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| domain | founded_year | HQ Location |
Legal entities are identified through an online search engine.
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| domain | founded_year | HQ Location |
Online law publishing and legal research platform
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Legitquest
Frequently Asked Questions about Legitquest
When was Legitquest founded?
Legitquest was founded in 2017.
Where is Legitquest located?
Legitquest is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Who is the current CEO of Legitquest?
Karan Kalia is the current CEO of Legitquest. They have also founded this company.
Is Legitquest a funded company?
Legitquest is a funded company, having raised a total of $2.65M across 6 funding rounds to date. The company's 1st funding round was a Seed of $687.54K, raised on Apr 26, 2017.
What is the annual revenue of Legitquest?
Annual revenue of Legitquest is $273.18K as on Mar 31, 2023.
What does Legitquest do?
Legitquest was founded in 2017 in Delhi, India, as a platform in the legal technology sector. An AI-based search engine for case law is maintained, along with a database of case records. Auto-complete features are included to suggest relevant documents from statutes, regulations, and other sources. Additional tools for litigation management and legal news are offered to support legal research and operations.
Who are the top competitors of Legitquest?
Who are Legitquest's investors?
Legitquest has 8 investors. Key investors include Info Edge Ventures, WaterBridge Ventures, Rohit Shukla, Himanshu Puri, and Rekha Rashmi Sinha.
What is Legitquest's valuation?
The valuation of Legitquest is $6.87M as of Mar 2021.
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